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  "documentTitle": "Innovative Industrial Properties, Inc. (IIPR)",
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  "authorName": "Grizzly Research",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-04-09 00:00:00",
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      "text": "According to State Deed Tax formula, Deed Tax = Purchase Price * 0.0033, this would reflect a purchase price of $392,000, far less than the $3M IIPR disclosed.",
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      "text": "purchase price: $392,000",
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      "text": "EXHIBIT A Legal Description: Lot 2, Block 1, Bison Plains, Wright County, Minnesota Together with a perpetual easement for ingress, egress, drainage, and utility purposes over and across that part of the cast 40.00 feet of Lot 1, Block 1, BISON PLAINS, Wright County, Minnesota, lying southerly of Lot 2, said Block 1, and lying northerly of 77th street NE as dedicated on said BISON PLAINS.",
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      "text": "Deed records also show that the property corresponds to Lot 2, Block 1, Bison Plains, Wright County, Minnesota.",
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      "text": "Deeds records show that IIPR purchased a property from S R LLC on 11/09/2017. Though the deed did not disclose purchase price, it showed a deed tax due of $1,293.60. According to State Deed Tax formula, Deed Tax = Purchase Price * 0.0033, this would reflect a purchase price of $392,000, far less than the $3M IIPR disclosed.",
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      "kind": "paragraph",
      "text": "We were unable to locate the property using its PID#, but were able to locate two properties using the legal descriptions. This corresponds to 8760 77th ST NE, Otsego MN. Pictometry data confirms that this is indeed a green house.",
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